Friends, this is NOT a rewrite of the 4155!
Mortgage U has collected essential information from 8 HUD guides and all mortgagee letters and created what is sure to become the most sought after tool for FHA lenders. The authors, Alice Alvey, John Gehrke, & Jan Wetzel, have combined their collective expertise (over 75 years in everything from origination through servicing) and the result is an intuitive, comprehensive and extensively researched practical guide to FHA lending.
Unlike other user guides available today, this is NOT just a reprint of the handbooks and memos you already get free from HUD. Our Practical Guide to FHA Lending is 18 chapters that organize information using the mortgage loan flow. Therein you'll find over 400 pages of "how-to" written in a user friendly format which covers every requirement a lender must follow from DE authority through insuring. With both cross referenced and duplicated information, where applicable, we've provided a "one-stop" check point for as many topics as possible.
Throughout the book are Mortgage U's exclusive worksheets and checklists which are designed with the novice user in mind. As an added bonus, we have inserted "best practices" for lenders to use as guidance for common procedures and widely accepted standards in the industry. And if that isn't enough, we've even included the Homeownership Center information and FHA Connection screenshots.
Need to be convinced? Just take a look at the table of contents for a glimpse at the detail.
This indispensible tool is being offered for only $495 for MBA Members ($595 for Non MBA Members).
Price includes one full year of updates provided quarterly.
Annual renewal to update the guide is only $295.00